Boat Insurance: Don’t get Caught
on Stormy Waters Without It
If you’re a responsible motorist, you wouldn’t get behind the wheel without proper car insurance. If you own a boat, taking to the water without proper boat insurance is just as risky.
Owning a boat comes with its own distinct risks and liabilities. As a responsible boat owner, you want to be sure you’re sufficiently shielded against unexpected events out on the water. You and your family have to much riding on your assets and investments to risk losing them in a boating accident.
You owe it to your water-going neighbors, too, to have sufficient coverage out on the water. What if you were found legally liable for a boat-related accident involving damage to another’s person or property? What would happen? Without sufficient boat insurance, a cash judgement against you could run you into financial ruin.